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Print Print edition: 2011-10-19

Taiwan stocks fall

Published Updated

Taiwan stocks ended down 1.36 percent on Tuesday, joining regional bourses amid concerns over the eurozone, with smartphone maker HTC shedding 4.72 percent after a US trade commission preliminary ruling against it in a patent infringement suit with Apple Inc.
Apple notebook casing supplier Catcher was limit-down for a second consecutive session after it told media that a partial production halt at its factory in China will affect October sales by 20 percent. The main TAIEX index fell 101.64 points to 7,359.48, after opening down 1.46 percent.
Electronics shares were off 1.34 percent, with LCD makers being the biggest laggards, down 2.88 percent, amid expectations they will report losses for the third quarter when they announce earnings later this month and next. Financial shares shed 2.07 percent.

Copyright Reuters, 2011

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